Description

ICICI Prudential AMC announces resumption of subscriptions in ICICI Prudential Smallcap Fund effective January 23, 2026, withdrawing all previous investment restrictions.

Summary

ICICI Prudential Asset Management Company Limited has announced the resumption of subscriptions in ICICI Prudential Smallcap Fund effective January 23, 2026. The Trustee has approved the withdrawal of all previously imposed restrictions on investment amounts at the PAN level. Investors can now make fresh purchases, additional investments, switch-ins, and new SIP/STP registrations without any limitations.

Key Points

  • Subscriptions in ICICI Prudential Smallcap Fund resumed from January 23, 2026
  • All restrictions on investment amounts at PAN level have been withdrawn
  • Fresh and additional purchases through lump sum mode are now accepted
  • Switch-in transactions to the scheme are permitted
  • Fresh registrations through Systematic Investment Plan (SIP) allowed
  • Fresh registrations through Systematic Transfer Plan (STP) allowed
  • All transaction modes are operational from the effective date

Regulatory Changes

This notice-cum-addendum modifies the Scheme Information Document (SID) and Key Information Memorandum (KIM) of ICICI Prudential Smallcap Fund. The change removes previously implemented subscription restrictions, allowing unrestricted investments in the fund. All other provisions of the SID/KIM remain unchanged.

Compliance Requirements

  • Investors should periodically review and update their KYC details
  • Mobile number and email ID should be kept current
  • All scheme related documents should be read carefully before investing

Important Dates

  • Notice Date: January 21, 2026
  • Effective Date: January 23, 2026 - Resumption of subscriptions begins

Impact Assessment

This circular has a positive impact on investors who were previously restricted from investing in ICICI Prudential Smallcap Fund. The removal of PAN-level investment caps enables retail and institutional investors to resume allocations to this smallcap strategy. The decision to reopen subscriptions suggests the fund management believes it can effectively deploy additional capital while maintaining investment objectives. Investors seeking smallcap exposure through ICICI Prudential can now access this fund through various investment modes including lump sum, SIP, STP, and switches from other schemes.

Impact Justification

Affects mutual fund investors in ICICI Prudential Smallcap Fund by removing subscription restrictions, enabling fresh investments and systematic plans